Revenues were 34.3 billion NTD in the second quarter this year, compared with 29.9 NTD last year. Yang Ming also announced it has upgraded its southeast Asia service and India service to meet market demand.
Aluminerie Alouette expects to ship close to 500,000 metric tons of aluminum to U.S. ports including Oswego; Toledo, Ohio; and Detroit on barges owned by McKeil Marine over the next three years.
Protesters are targeting Zim Line in a demonstration planned at the Port of Oakland Saturday. Several groups in the San Francisco Bay area had said they were going to attempt to prevent Zim ships from docking and discharging cargo at the Port of Oakland earlier this month, then postponed the event until tomorrow.
Evergreen Marine Corp. had a profit of 412 million New Taiwan dollars ($13.7 million) in the second quarter of 2014, compared with a loss of 569 million NTD in the same period last year. According to a company filing with the Taiwan Stock Exchange, revenue in the quarter was about 35.2 billion NTD, […]
Reefer container volumes are forecast by Drewry to rise by 20.5 million tons by 2018 — 16.5 million tons by organic growth and 4 million tons at the expense of the shrinking specialized reefer industry.
The company moved about 2.9 million TEU of container cargo in the first half of 2014 — 5.8-percent more than in the first six months of 2013 — but said “the market environment remains difficult.”
Hatch Mott MacDonald said it will lead the design for the Eastport Development of Port Tampa Bay in Florida. The engineering company said the facility will initially handle aggregates for concrete and steel products, but can also receive roll-on/roll-off vessels and other products that will require large lay down or storage area. […]
U.S.-flag Great Lakes carriers moved about 11.36 million tons of cargo in July, their highest monthly total in two years, according to the Lake Carriers’ Association, which represents 17 companies operating 57 U.S.-flag vessels. The industry’s July total also represented increases of 8.6 percent compared to June, and 10.2 percent compared to […]
The Port of Savannah handed 293,889 TEU in July, a 19.2-percent increase over the previous year, and an all-time high. “Improved confidence among U.S. retailers, newly added port customers, and shifting cargo from U.S. West to East Coast are all fueling the growing cargo volumes at Georgia’s deepwater ports,” said GPA Executive Director […]
The shipping publication Lloyd’s List is reporting that Samsung will build a minimum of three 19,200-TEU ships for Scorpio Group, which will bareboat charter the ships to Mediterranean Shipping Co. If the report is true, these would appear to be the largest containerships ever constructed. Lloyd’s List attributed its information to “industry sources […]
Federal Mediation and Conciliation Services said it would neither comment on nor disclose the terms of the agreement on a contract with grain elevator operators.
“Steve has been integral in many of my successes. His combination of political, policy and communications know-how has been a tremendous asset,” said Bill Shuster, head of the House Transportation and Infrastructure Committee.
C.C. Tung, chairman of OOIL, said that “there are underlying developments that support a degree of cautious optimism” about the outlook for the shipping industry.
APM Terminals Izmir in Turkey has recently ordered three ship-to-shore quay cranes capable of handling containerships larger than 10,000 TEU from ZPMC in China. In addition, the terminal operator has 10 rubber-tire gantry cranes on order with the Shanghai-based equipment maker. They will be delivered in the summer of 2015 as part of […]
Third party logistics services provider Agility has entered a partnership with Shanghai International Port Group Logistics (SIPGL) to expand its East China ocean freight services. The agreement covers both less-than-containerloads and full-containers, as well as break-bulk cargo. SIPGL will provide depot management, vessel planning and loading, trucking, door-to-port and port-to-door, container freight station […]
Hapag-Lloyd officials have said the carrier will scrap older ships at “green recycling yards.” The company confirmed reports by Deutsche Presse-Agentur and broadcaster Deutsche Welle that it will no longer sell older ships on global markets, where they may be brought to shipbreaking beaches in countries such as India, Bangladesh and Pakistan. […]
“DP World Vancouver is still experiencing an extremely high discharge volume of U.S. cargoes. This, combined with a Canadian cargo increase and rail car supply that does not meet the discharging volumes” led to the restrictions.
Pasha has said the ship is expected to enter service later this year, carrying containers and ro/ro cargo between Southern California and Hawaii, where today it operates the ro/ro ship Jean Anne.
Russia’s import ban in response to sanctions from the U.S. and Europe over the war in Ukraine will hurt companies that ship a variety of agriculture products, according to officials. In calendar year 2013, the United States shipped $1.3 billion of agricultural and related food products (including fish and forestry products), and of […]
Hapag-Lloyd has announced several rate increases. Effective August 18, it will increase rates for all cargo and container type moving from the Far East to Mediterranean or North Europe by $650 per TEU. Effective September 1, it will implement a General Rate Increase for dry, reefer, flat rack and open-top containers from East Asia […]
